Recently, the editor paid a visit to a sales department boss. He looked sad. After talking to him, we learned the reason for his worry. The company mainly produces suede fabrics and exports them to many overseas countries, most of which are foreign trade orders. Therefore, it has been greatly affected by the epidemic. The business owner said: “Since July, after the epidemic rebounded abroad, all the orders in my hand have been stopped, including a whole container that was originally going to be exported to Indonesia. The goods were finished and have been in my hands and cannot be sent out. The goods have not been shipped, and naturally we cannot collect payments from customers, so we are under great financial pressure.”
It is understood that due to the intensification of overseas epidemics recently, ports in some areas have stopped operating, resulting in the delivery of orders completed by the cloth boss. , and the payment for the goods cannot be recovered. In addition to this, new orders have also been suspended and completely at a standstill. The boss also said that customers have placed orders, but they dare not accept them. After receiving the goods, they cannot deliver them, and the payment cannot be collected, but the funds have been invested. This makes them very passive. It is better not to accept them and wait until normal shipments can be made.
SoutheastAsiahasbecomeanepidemichotspot,andsomeareashaverestrictedimportsandexports
Sincetheoutbreakofthenewcoronavirusabroad,ithasbeenaffectedbytheinabilitytoacceptordersandcannotTherearenotafewforeigntradecompaniesthatshipgoods.Lookingbackonlastyear,thetextileindustryalmoststagnatedinthefirsthalfoftheyearduetotheepidemic,andthengraduallyrecoveredastheepidemicimproved.However,therepeatedoverseasepidemicsthisyearcausedthetextileforeigntrademarkettoreceiveflatorders.UntilJuly,theepidemicfurtherworsened,someareasimplementedstrictrestrictivemeasures,andtheorderstagnationoccurredagain.Itiscurrentlytheoff-seasonfortextiles,andtheimpactofthestagnationinordertakingisrelativelysmall.However,itisstillunknownwhenorderscanberesumed,andeverythingdependsonthetrendoftheepidemic.IftheoverseasepidemicsituationstillimprovesinSeptember,thepeakseasoninthesecondhalfoftheyearmaynotbeavailabletoforeigntradecompanies.ThisiswhatBossBuismostworriedaboutrightnow.
The Delta variant virus is coming fiercely, and new infection cases are still in many countries in Southeast Asia It continues to reach new highs and has become one of the regions with the worst epidemic situation in the world. Among Indonesia’s population of 270 million, more than 3.1 million people have been infected and 83,000 have died so far. The local government announced on the 25th that it would extend the implementation of new crown restrictions for one week. More than 1 million people have been infected with the epidemic in Malaysia, and strict lockdown measures have been implemented in the past two months, but the epidemic is still worsening. Thailand has implemented stricter blockade measures in the capital Bangkok and 12 high-risk provinces, while suspending most domestic flights and expanding curfew areas.
Judging from the current epidemic situation, it will take some time for Southeast Asia to get rid of the dilemma of the spread of the epidemic, and after getting rid of it, the economic recovery will take even longer. Therefore, the foreign trade market in the second half of the year will still face many difficulties. Even if the peak season comes, it will be difficult for the market to be popular.
More companies are pouring into the domestic market and be wary of oversupply
For foreign trade companies, if orders are stagnant, they cannot sit still and wait for death. Transformation and upgrading will become a problem. The only way out. As early as last year, many foreign trade companies transitioned to domestic sales. Now some foreign trade has stagnated again, which inevitably caused some companies to switch to domestic sales again. In addition, some new textile enterprises have also brought certain competitive pressure to the original enterprises. my country has added more than 176,000 textile-related companies in 2020, an increase of nearly 18% year-on-year in 2019, and shows a steady growth trend. This has increased competition for the textile industry. More and more people are sharing this cake, and the per capita share is getting smaller and smaller.
A trading company owner said : “Originally, the company only accepted foreign trade orders. Since the epidemic, orders have dropped significantly and have to switch to the domestic market. This year’s epidemic situation has been good and bad, and there are still not many orders, so the focus is naturally on domestic sales.”
Although the domestic textile industry has returned to pre-epidemic levels, demand is still limited after all, and it is still difficult to support the country’s entire textile industry solely through domestic sales. In particular, some distribution bosses have high expectations for the peak season in the second half of the year, and most companies will have some stockpiles and inventories on hand, which will have a certain impact on the market in the second half of the year. If the market overdrafts in advance, even if the market demand rises, it will be difficult to highlight its popularity in an environment where supply exceeds demand. The epidemic is still an important factor in determining the future direction of the textile market. Although the overseas epidemic is relatively serious and all countries have taken effective measures, it is believed that restrictions will be lifted soon. Clothing is a necessity of life. After the disaster, a new round of clothing demand will come, so the foreign trade market is still worth looking forward to.
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